Eveready Industries India's Q2 FY 2025-26 Quarterly Results

Result Summary

• Eveready Industries India Ltd reported a 2.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.5%.
• Its expenses for the quarter were up by 5.0% QoQ and 6.6% YoY.
• The net profit decreased 126.2% QoQ and decreased 126.8% YoY.
• The earnings per share (EPS) of Eveready Industries India Ltd declined at 1.09 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Eveready Industries India Ltd is a well-established company primarily engaged in the manufacturing of batteries, flashlights, and packet tea. It operates within the consumer goods sector, specifically focusing on dry cell batteries and lighting products, which are widely used for various applications ranging from household to industrial purposes. Eveready is one of the leading brands in India, known for its extensive distribution network and strong brand recognition. Recently, the company has been focusing on expanding its product range and enhancing its market presence. However, specific details about recent strategic developments or changes in their business model are not available within the provided data.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), Eveready Industries reported a total income of ₹387.06 crores. This marks a quarter-over-quarter (QoQ) increase of 2.8% from Q1FY26, where the total income stood at ₹376.56 crores. On a year-over-year (YoY) basis, there was a 6.5% increase compared to the total income of ₹363.28 crores reported in Q2FY25. These figures indicate a consistent growth in revenue over the periods under comparison, reflecting an upward trend in the company’s earning capacity.

Profitability

In the quarter ended Q2FY26, the company faced a significant decline in profitability, reporting a loss before tax of ₹0.43 crores, compared to a profit before tax of ₹36.25 crores in Q1FY26 and ₹35.02 crores in Q2FY25. This represents a QoQ and YoY decline of more than 100% in profit before tax. Similarly, the profit after tax turned negative at ₹-7.91 crores in Q2FY26, a stark contrast to the ₹30.23 crores and ₹29.56 crores recorded in Q1FY26 and Q2FY25 respectively. The earnings per share (EPS) also mirrored this trend, decreasing from ₹4.16 in Q1FY26 and ₹4.07 in Q2FY25 to ₹-1.09 in Q2FY26, indicating a significant downturn in the company's earnings performance.

Operating Metrics

The total expenses for Eveready Industries in Q2FY26 amounted to ₹349.81 crores, showing a 5.0% increase QoQ from ₹333.24 crores in Q1FY26 and a 6.6% increase YoY from ₹328.26 crores in Q2FY25. These figures highlight a rise in operational costs over the periods. The tax expense for Q2FY26 was reported at ₹7.48 crores, which represents a 24.3% increase QoQ from Q1FY26 and a 37.0% increase YoY from Q2FY25. These operational metrics suggest increased financial obligations and cost pressures on the company during the analyzed quarter.